Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
U.S. stock futures were lower this morning even after the Dow, S&P 500 and Nasdaq notched their fourth positive straight sessions Wednesday. The three major averages are all up more than 9 percent since the close on Christmas Eve washout. (CNBC)
* European stocks drop (CNBC)
* Asia markets mostly lower (CNBC)
Target (TGT) said today its same-store sales climbed 5.7 percent during this past holiday season, topping growth of 3.4 percent a year ago and surpassing some analysts' expectations. It also announced the retirement of CFO Cathy Smith, in addition to a handful of other management changes. (CNBC)
There are no major economic data reports today but investors may turn their attention to a Q&A session with Federal Reserve Chairman Jerome Powell and Economic Club of Washington President David Rubenstein this afternoon. (CNBC)
China's Commerce Ministry said today the just-concluded round of trade talks with the United States were extensive and both parties established a foundation for the resolution of each others' concerns. (CNBC)
President Donald Trump will visit Texas today in an effort to promote his border wall and convince Americans that they should spend billions more on border security. Trump also granted an interview to Fox News to air later. (USA Today)
* Trump edges toward declaring a national emergency over wall (WSJ)
* Trump calls meeting with Chuck Schumer and Nancy Pelosi a 'total waste of time' after he storms out (CNBC)
The current shutdown is the second-longest in government funding in the last 43 years. It will become the longest if the government doesn't reopen by Saturday. There have been 21 gaps in government funding since 1976. (NY Times)
Treasury Secretary Steven Mnuchin will brief the House today about his department's plan to terminate sanctions on three companies linked to Oleg Deripaska, a Russian billionaire with ties to Russian President Vladimir Putin. (CNBC)
CNBC has learned Democrat Tom Steyer, a billionaire who has been pushing Congress to impeach President Trump, will not run for president in the 2020 campaign. He was one of the top donors during the 2018 midterm elections.
Top cancer surgeons told CNBC they expect Supreme Court Justice Ruth Bader Ginsburg to be back on the bench in less than six weeks, with more than enough time to return for the court's February sitting.
CNBC has learned Sears Chairman Eddie Lampert submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation. As with the previous bid, it will aim to keep roughly 50,000 jobs.
Jeffrey Vinik, a former manager of Fidelity's Magellan fund who went out on his own in the 1990s, has decided to jump back into the hedge fund business. "The fire in my belly still burns," said Vinik in a statement today. (CNBC)
J.P. Morgan (JPM) CEO Jamie Dimon hosted a private dinner for pharmaceutical executives ahead of the bank's health-care conference in San Francisco. There was one company not in attendance that received a lot of attention: Amazon. (CNBC)
Amazon (AMZN) CEO Jeff Bezos and his wife, MacKenzie, are divorcing. The couple last year launched a charitable fund together, dubbed the Day One Fund. Their statement suggests they will continue to work together on that effort. (CNBC)
* How the Bezos divorce could impact Amazon shareholders (CNBC)
Tesla (TSLA) will stop selling the lowest-priced versions of its Model S sedans and Model X SUVs from Monday, the automaker's CEO Elon Musk wrote in a tweet. (CNBC)
Ford (F) announced it will cut thousands of jobs, exit unprofitable markets and discontinue loss-making vehicle lines as part of a turnaround effort in Europe.
Bank of America upgraded Twitter (TWTR) to a buy, citing the social media company's "relatively strong performance" in 2018 despite sequential declines in monthly average users, a key metric.
Bed Bath & Beyond (BBBY) shares soared after it reported its fiscal 2019 earnings per share will be about the same as 2018′s, a big beat over Wall Street's consensus, which projected a 21 percent decline.
KB Home (KBH) reported quarterly earnings of 96 cents per share, while analysts expected 93 cents per share. Its revenue was in line with expectations, coming in at $1.35 billion.
For the first time in nearly three decades, the Oscars plans to go without a host, according to Variety. Kevin Hart dropped out when he refused to apologize for his past homophobic remarks that had resurfaced on Twitter.